QB Academy

A clearer trading vocabulary.

Use these introductory definitions alongside your account’s actual product specifications.

Trading glossary

Terms you will meet in the platform.

Ask: The quoted price at which a buyer can generally enter a position.
Bid: The quoted price at which a seller can generally enter a position.
Spread: The difference between bid and ask.
Margin: Collateral required for a leveraged position.
Leverage: The relationship between market exposure and required margin.
Lot: A trading quantity whose contract size depends on the instrument.
Pip: A conventional price increment; its size depends on the market.
Slippage: The difference between an expected and an executed price.
Swap / financing: An overnight adjustment or charge under the contract terms.
Equity: Account value including floating profit or loss.
Stop-out: Position closure under the account’s margin rules.
Expert Advisor: Software used for automated analysis or trading in a compatible platform environment.

Your next step

Explore the platform and understand the risks before trading live.

Leveraged forex and CFDs involve significant risk of loss. Demo results do not predict live performance. Understand the risks ↗